The New Krugerrand Available But Limited: Get Your Krugerrand When it is still available

On the 50th anniversary of the Krugerrand, the South African Mint Company (SA Mint) is celebrating the universally recognised gold bullion coin with a new fine silver and platinum range, as well as new sizes in the traditional gold range.

Krugerrand Buyers in South Africa

The collectable Krugerrand range is issued in limited quantities, bearing the characteristic design of the South African springbok and all bear a distinctive 50th anniversary ‘privy’ or ‘mint’ mark.

The flagship offering in the anniversary range is the limited edition 50 ounce gold coin, fifty times as big as the standard Krugerrand and only 55 coins are available for purchase. The 50 oz coin is a premium product, packaged in a custom-made gold and black casing.

The golden legacy of the Krugerrand is cultivated in the rest of the gold proof coin range with the 5 ounce gold coin of which only 500 have been minted as well as the much smaller 1/20 ounce (12,000 available) and 1/50 ounce (50 000 available).

The ‘proof’ quality gold, silver and platinum collectable coins have a high gloss finish that accentuates the fine detail of the coins’ design, while the Premium Uncirculated fine silver coins boast a cutting-edge matte finish.

“Producing the once off platinum & silver Krugerrands under the same brand that is synonymous with South African gold coinage is our unique way to commemorate the historic influence of the coin on the gold bullion investment market,” says Tumi Tsehlo, MD, SA Mint.

To further commemorate the 50th anniversary, the SA Mint, has also launched a series of chic limited edition fashion accessories featuring bracelets, scarfs and lapel pins. The SA Mint will also be promoting its range of coins with a pop-up shop inside Elegance Jewellers, Melrose Arch in July to mark the occasion.

The South African Mint partnered with Elegance Jewellers to launch a selection of exquisite Krugerrand bracelets and lapel pins as well as a patterned silk scarf in association with Blandat. The 50th anniversary accessories will be available at the Melrose Arch store as well as at SA Mint’s Coin World retail store in Centurion.

The beautiful waxed cord bracelets are produced as part of Elegance’s in-house brand, Nom-Nom and feature the daintiest of Krugerrands; a 1/50oz, 22ct gold coin on the one side and a delicate 9ct gold ‘50’ clasp on the other side. The bracelets are available in a variety of colors and styles that allow the wearer individualistic flair.

They are available in two styles – a smooth cord giving the jewellery a more delicate and feminine look or a knotted cord for those who prefer their jewellery more chunky and bold.

The most delicate 22ct 1/50 ounce gold Krugerrand coin has been converted into a beautiful lapel pin. Adding a solid gold pin to your suit or blazer allows you to customise your look to your own personal style

The scarfs are a result of a collaboration with one of South Africa’s most creative textile designers, Blandat. The unique and colourful silk scarfs are hand-finished masterpieces that pays homage to the Krugerrand, an iconic symbol of South Africa’s distinctive heritage.

Layered with reference to South Africa’s dynamic landscapes, the scarf brings in elements of traditional wax cloth, cowrie shells and bead work. Alongside global scarf motifs like ropes and chains, the design is inspired by South Africa’s rainbow nation, with a bright and colourful palette that is held together through gold and shots of neon pink. The energy is very South African – positive, modern and bright.

Just like the Krugerrand, the scarf carries weight in intricate detailing and is an example of highly creative craftsmanship. Alongside the central coin, highlights include the aloe flower and serration interpretation.

“Given the Krugerrand’s rich heritage and proud tradition, we wanted the limited edition accessories to be relevant to the cause espoused by the brand – fashioning savings. Now you can wear the Krugerrand and join the legion of the iconic coin’s fans.”

“South Africans who are united by their shared love of the Krugerrands can now collect these limited edition accessories and coins to celebrate their pride,” says Tsehlo in conclusion.

Source: SA Mint

The New 2018 Mandela Coin

The South African Mint, a subsidiary of the South African Reserve Bank (Sarb) announced the launch of two new limited edition coins which pay tribute to struggle icon and former president, Nelson Mandela. The new 2018 Mandela Coin.

The new coins serve as a commemoration of Mandela’s legacy and what he stood for during the Apartheid era.

Notably, 2018 marks exactly a century since the birth of Mandela and the Mint aims to celebrate this milestone.

The two coins are visibly different in appearance, the one coin being bronze while the other is sterling silver.

The R50 bronze coin also depicts Mandela in his youth as a young lawyer while the R50 sterling silver coin portrays him as SA’s first democratic President.


Pricing of The New 2018 Mandela Coin

The bronze alloy coin is priced at R127 and tells its own tale, says Tumi Tsehlo, MD, South African Mint.

“Pricing the coin was a conscious tribute to Nelson Mandela’s legacy and our way of paying it forward. To celebrate 100 years since the birth of Mandela, and in remembrance of the 27 long and lonely years, he spent in prison, the entry-level bronze alloy coin is priced at R127.

With every coin purchased, R27 (VAT-free) will be donated to the Nelson Mandela Foundation”.

Notably, the two coins are also the second installation in the “Celebrating South Africa” theme. The first installation being the 2017 OR Tambo Centenary range.

According to the SA Mint, the series serves to educate individuals on SA’s struggle icons.

“South Africans must never forget her heroes who stood up and against injustice and inequality to usher a new era of freedom and democracy. We hope their stories will continue to be told and heard every time someone holds a Madiba or Tambo commemorative coin,” adds Tsehlo.

“Collectability is a function of craftsmanship, quality and theme amongst other personal preferences. The Mandela series no doubt ticks all the boxes and will be an amazing addition to any collection, not only because of its design but also because of the enduring value of the theme.”

List of Areas Where You Can Sell Mandela Coins for Extra Cash in South Africa

The coins can be purchased for the South African Mint’s retail store in Centurion, Elegance Jewellers in Melrose Arch and various pop-up stores in malls around South Africa.

Tselo added that they will be announcing new products in the Mandela Centenary range.

Where can you buy and sell Mandela Coins in South Africa

Source: IOL